44 homes in Thermal
Homes for Sale in Thermal, TN
About Thermal, TN Real Estate
Thermal is an unincorporated community within the Coachella Valley in Riverside County, California, United States, located approximately 25 miles (40 km) southeast of Palm Springs and about 9.5 miles (15.3 km) north of the Salton Sea. The community's elevation is 138 feet (42 m) below mean sea level. It is served by area codes 760 and 442 and is in ZIP Code 92274. The population was 2,676 at the 2020 census. For statistical purposes, the United States Census Bureau has defined Thermal a census-designated place (CDP), which does not precisely correspond to the historical community.
Thermal is an unincorporated community in the Coachella Valley known for date farms and polo grounds. Features agricultural heritage and desert landscape.
Today, Thermal has 44 homes for sale at a median price of $320,000, typically selling in about 61 days.
Top Rated Schools in Thermal
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- 4Desert Mirage Highhigh school
- 4Westside Elementaryelementary
- 3Coachella Valley Highhigh school
- 3John Kelley Elementaryelementary
- 2Las Palmitas Elementaryelementary
- 1La Familia Continuation Highhigh school
Why Live in Thermal?
- Date farms
- Polo grounds
- Agricultural community
- Desert living
Popular Neighborhoods in Thermal
Thermal Market Pulse
Median Home Price
$341K
↑ 4.9% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
11.0 months of supply
Buyer's Market44 active listings—plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb—buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~61 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 18% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Thermal
Homeownership is higher than average—most households in this area own rather than rent.
62%
Homeowners
38%
Renters
Homeownership is 6.5% higher than the California average (55.5%)
640 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $216K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$849K)
Price Reductions
17 listings have reduced their price
39% of active listings
Average reduction: 10.2% (~$33K)
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